Author: NBTC
NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.
The US Senate has scheduled a final vote on the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act for Tuesday, June 17. This legislation, designed to establish a comprehensive regulatory framework for stablecoins, has garnered significant attention as it nears potential passage. The announcement followed a procedural vote for the GENIUS Stablecoin Act carried out by the US Senate on Thursday, June 12, which might lead to fresh crypto regulation. The bill seeks to introduce a regulatory landscape for stablecoins to the crypto space, a milestone for the growing industry as trading and on-chain activity are expected to…
AnimAI, an AI meme engine, has announced a strategic partnership with Credora Network, a crypto platform that provides superior credit risk management across DeFi and CeFi. AnimAI is a crypto platform that combines the power of AI with meme culture. It is a platform where users can create memes using AI infrastructure to transform them into crypto tokens. Users can also leverage various applications like NFTs, staking, and many more to generate more opportunities on the platform. This is the reason the platform is often recognized as an AI-powered meme engine that creates all-round crypto ecosystems. On the other hand,…
Bitcoin price has stalled at $105,000 amid increasing spot ETF outflows and as sentiment among investors turned to neutral. Bitcoin (BTC) was trading at $105,550 on Sunday, June 8, up by 5% from its lowest point last week. It remains 5.75% below its highest point this year. Bitcoin has wavered recently because of investor profit-taking. In May, its price surged to a record high of $111,900, a 50% surge from the lowest level in April. BTC also wavered as data pointed to outflows from exchange-traded funds. SoSoValue data shows that these ETFs shed $128 million last week after shedding $157…
Shares in SharpLink Gaming plummeted more than 70% in post-hours trading Thursday after the company—which recently announced that it would create an Ethereum treasury—filed an S-3 shelf prospectus with the SEC to potentially sell securities. Minneapolis-based SharpLink, an online gambling marketer that lists on the Nasdaq, was recently changing hands at $10.35 per share, according to Yahoo Finance data, after briefly dipping below the $8 mark in after-hours trading. It closed Thursday trading at $32.53. A page in the SEC filing appeared to show that participants in the PIPE sale had sold off their holdings. However, Ethereum co-founder, Consensys CEO,…
BabyDoge, the meme coin that has grown from a playful concept to a significant player in the cryptocurrency space, marked its 4th anniversary on June 2, 2025. The project, known for its community-driven initiatives and charitable contributions, reflected on its journey through an official X post, highlighting key milestones and inviting community engagement. The protocol’s progress over the past four years cannot be overemphasized. With its focus on charitable impact, market expansion, community engagement, and technological advancements, BabyDoge has set a blueprint for several memecoins in the blockchain industry. Charitable Contributions: Millions Donated to Animal Welfare One of BabyDoge’s most…
The U.S. Securities and Exchange Commission (SEC) and Ripple have made a joint request to a Manhattan court to dissolve an existing injunction in their ongoing legal case. Along with this, they’ve asked for the $125 million civil penalty currently held in escrow to be released. According to the proposal, $50 million would go to the SEC, while the remaining $75 million would be returned to Ripple. This move is part of both parties’ efforts to settle the long-running case, avoid further court battles, and close pending appeals. In their new court filing, both Ripple and the SEC argued that…
The world’s largest crypto exchange, Binance, assisted the US and Taiwanese law enforcement authorities in their takedown of the darknet marketplace, the Incognito Market. The exchange disclosed this in a press release shared with Cryptopolitan. According to the company, its Financial Intelligence Unit (FIU) was pivotal in helping law enforcement agencies crack down on the marketplace, facilitating illegal drug sales, and having an international network. Incognito Market is a platform where users can buy over 1,000 types of illegal drugs anonymously and, according to reports, has facilitated more than $100 million in transactions. The marketplace reportedly enables payments using several…
Optalysys, a U.K.-based startup focused on secure computing, has introduced what it claims to be the world’s first server for blockchains that can process data at scale without decrypting it. The firm’s LightLocker node is a server that uses Fully Homomorphic Encryption (FHE), a mathematical technique allowing computations to be performed on encrypted data without compromising the encryption. The last year has seen a couple of firms raising money and exploring applications of FHE within the cryptocurrency space. Optalysys says its server hardware is purpose-built for blockchain encryption, and offers a cheaper alternative to costly and inefficient GPU-based systems, using…
Since late May—spanning the past 17 days—the price gap for bitcoin in South Korea has climbed, topping a 3% difference by month’s end. As of Sunday, June 8, bitcoin is trading in the country at more than $1,500 above the worldwide average. Crypto Prices Break Away in South Korea, Sparking Premium Frenzy Bitcoin is currently trading at a 1.43% premium in South Korea compared with the global average, based on data from Upbit and coinmarketcap.com. As of exactly 9:55 a.m. Eastern time, BTC is priced near $105,896 per coin globally, while South Korean exchanges are listing it at $107,412—a 1.43%…
The stock price of prominent video game retailer GameStop fell for the second straight day after the company announced its first-ever Bitcoin buy in excess of $500 million Wednesday morning. GME finished the trading day down over 5% to $29.57 per share, diving further after a nearly 11% daily drop by the end of the trading day Wednesday. The Nasdaq-listed stock has lost most of its weekly gains, now up just more than 1% over that span. GameStop’s share price popped to just shy of $36 at Wednesday’s open, the highest price recorded in nearly a year since GME briefly…